78850
San Antonio, Texas

ZIP code 78850 presents a contradictory market profile with a median sale price of $197,500 and an exceptional 36.2% year-over-year appreciation, yet properties languish at an average 292 days on market. This extended DOM figure is nearly four times the typical velocity for competitive markets, suggesting limited buyer pool activity despite the price surge. The fact that 50% of homes still transact above list price indicates selective demand, where qualified buyers compete aggressively for specific properties while others stagnate.

This market favors patient sellers with correctly priced inventory and cash buyers seeking value plays in the sub-$200K range. The 292-day DOM creates negotiation leverage for buyers willing to wait out motivated sellers, particularly on overpriced listings. The 50% above-ask ratio suggests investors with precise property criteria can still face competition, but general buyers have time to conduct thorough due diligence without urgency pressures typical of faster-moving markets.

The PropIQ score of 62 signals deteriorating conditions ahead despite recent price gains, suggesting the 36.2% appreciation may represent a local peak rather than sustainable momentum. The extended days-on-market metric supports this caution flag, indicating demand cannot sustain current pricing velocity. Buyers should monitor month-over-month inventory accumulation and price reduction frequency, as the current DOM trajectory combined with a sub-65 PropIQ score historically precedes price corrections or extended stagnation periods.